Sinch Balance Sheet Health
Financial Health criteria checks 3/6
Sinch has a total shareholder equity of SEK35.1B and total debt of SEK6.8B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are SEK53.4B and SEK18.3B respectively. Sinch's EBIT is SEK879.0M making its interest coverage ratio 1.3. It has cash and short-term investments of SEK734.0M.
Key information
19.3%
Debt to equity ratio
SEK 6.80b
Debt
| Interest coverage ratio | 1.3x |
| Cash | SEK 734.00m |
| Equity | SEK 35.15b |
| Total liabilities | SEK 18.30b |
| Total assets | SEK 53.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1I9A's short term assets (SEK5.9B) do not cover its short term liabilities (SEK10.2B).
Long Term Liabilities: 1I9A's short term assets (SEK5.9B) do not cover its long term liabilities (SEK8.1B).
Debt to Equity History and Analysis
Debt Level: 1I9A's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 1I9A's debt to equity ratio has reduced from 34.4% to 19.3% over the past 5 years.
Debt Coverage: 1I9A's debt is well covered by operating cash flow (47%).
Interest Coverage: 1I9A's interest payments on its debt are not well covered by EBIT (1.3x coverage).